SUPPLEMENT TO THE PROSPECTUS OF
WEISS, PECK & GREER, L.L.C.
MUTUAL FUNDS
WPG Government Money Market Fund
WPG Tax Free Money Market Fund
WPG Intermediate Municipal Bond Fund
WPG Government Securities Fund
WPG Growth and Income Fund
WPG Tudor Fund
Weiss, Peck & Greer International Fund
WPG Growth Fund
WPG Quantitative Equity Fund
Dated May 1, 1996
Weiss, Peck & Greer International Fund
The following disclosure replaces the paragraph captioned "Weiss, Peck &
Greer International Fund" on page 29 of the attached Prospectus:
Weiss, Peck & Greer International Fund. David Kiddie has been the portfolio
manager of the Fund since June, 1996. Mr. Kiddie has been a Director of HSIM
since April 1996. Prior thereto, Mr. Kiddie was Head of the European Equities
Team at Lloyds Investment Management International Limited, the Fund's previous
subadviser (1994-1996), Director of European Equities at Sun Life Investment
Management (1992-1994), and Director of European Equity Strategies at
Enskilda Securities (1991-1992).
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WPG Quantitative Equity Fund
The following disclosure replaces the paragraph captioned "WPG Quantitative
Equity Fund" on page 29 of the attached Prospectus:
WPG Quantitative Equity Fund. Daniel J. Cardell is primarily responsible
for the day-to-day management of the Fund. Mr. Cardell has been a principal of
WPG since May 1996. Prior to joining WPG, Mr. Cardell was Senior Vice President
and Director of Equities for the Bank of America.
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Each Fund
To the extent that a Fund is required by policies of the staff of the
Securities and Exchange Commission to cover its obligations under certain
securities transactions, the Fund may maintain in a segregated account with its
custodian either cash or liquid securities having a value (determined daily)
at least equal to the amount of the Fund's obligation.
Dated: September 5, 1996
